(Université de M'sila, 2017-12) بدروني, عيسى; شريط, حسين الأمين
Several studies have confirmed the reality of this
relationship in various stock exchanges around the world.
However, field studies often produce divergent results
between a supporter and a critic of its reality. However,
despite these contradictions, no explicit results have been
found that completely negate the reality of the model. This
paper will relate to the study of the reality of the model on
the Algiers Stock Exchange. Where the proceeds of any
financial asset are assumed to be linearly linked to the
proceeds of the risk-free asset and market returns through
the beta risk factors.